[Cryptography] Review of UBIC

Howard Chu hyc at symas.com
Wed Feb 28 11:02:01 EST 2018


grarpamp wrote:
> And are any of these you...
> 
> https://www.reddit.com/r/BasicIncome/comments/50mmnw/ubic_universal_basic_income_coin/
> http://www.rashka.ru/UBIC.html
> https://www.facebook.com/UBICoin/
> 
> Don't forget that all UBI schemes will ultimately
> fail, particularly because, other than Solar input,

It would be a mistake to exclude Solar input from your consideration. It 
completely negates your assertion of "limited resources".

> the Earth is closed system zero sum, with limited
> resources, populated by stupid humans. Odds are
> not currently in favor of that changing anytime soon.
> As to cryptocurrencies, likely not before equilibrium
> as we know them, nor before their promised geopolitical
> impacts.

-- 
   -- Howard Chu
   CTO, Symas Corp.           http://www.symas.com
   Director, Highland Sun     http://highlandsun.com/hyc/
   Chief Architect, OpenLDAP  http://www.openldap.org/project/


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